Global Food Grade Butyric Acid Market Insights Forecasts to 2033

• The Global Food Grade Butyric Acid Market Size was Valued at USD 210 Million in 2023
• The Market Size is Growing at a CAGR of 14.98% from 2023 to 2033
• The Worldwide Food Grade Butyric Acid Market Size is Expected to Reach USD  848 Million by 2033
• North America is expected to grow the fastest during the forecast period.

The Global Food Grade Butyric Acid Market Size is anticipated to exceed USD  848 million by 2033, growing at a CAGR of 14.98% from 2023 to 2033. 

Market Overview:

Food-grade butyric acid is an oily, colorless liquid with a strong, disagreeable smell that is used in food processing as an acidulant, flavoring, and preservative. The growing demand for natural and organic food products is one of the main factors propelling the market for food-grade butyric acid. The demand for food products devoid of artificial additives and preservatives has increased as consumers become more conscious of the health advantages of eating organic foods. Since it is a naturally occurring substance, butyric acid is favored for usage in organic food items. Rapid population growth worldwide is raising consumer demand for dairy products, which is a major factor in the dairy industry's rise. One of the main ingredients in dairy products is food-grade butyric acid. Therefore, it is anticipated that the demand for butyric acid would increase in the upcoming years.

Report Coverage:

This research report categorizes the market for the global food grade butyric acid market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global food grade butyric acid market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global food grade butyric acid market.

Driving Factors:

In the livestock industry, butyric acid is a common feed additive. The growing animal feed sector, which is being propelled by the increased demand for meat and dairy products, can have an impact on the requirement for food-grade butyric acid. The market for food-grade butyric acid is expanding due to the growing trend of weight loss since it maintains the equilibrium between the production of fatty acids and the breakdown of lipids. Additionally, food-grade butyric acid has been shown to improve animal health, which will contribute to the growth of the food-grade butyric acid market.

Restraining Factors:

The competitive pricing and changes in the price of raw materials or production methods might affect the total cost-effectiveness and restrict market expansion.

Market Segmentation:

The global food grade butyric acid market share is classified into type and purity.

• The renewable butyric acid is projected to hold the largest share of the market during the forecast period.

Based on the type, the global food grade butyric acid market is categorized into synthetic butyric acid and renewable butyric acid. Among these, the renewable butyric acid is projected to hold the largest share of the market during the forecast period. Renewable butyric acid is frequently produced from bio-based feedstocks, offering an environmentally beneficial substitute. Additionally, the renewable butyric acid segment's share of the food grade butyric acid market is being driven by consumers' and industries' increased preference for sustainable and bio-based products. As sustainability and environmental issues gain more attention, there is a growing need for renewable butyric acid.

• The 99% segment is expected to hold the highest share of the market over the forecast period.

Based on the purity, the global food grade butyric acid market is categorized into less than 99% and 99%. Among these, the 99% segment is expected to hold the highest share of the market over the forecast period. The widespread use of high-purity level sensors in a variety of industries, including healthcare and construction, is anticipated to give the 99% segment the bulk of the food-grade butyric acid market share during the projection period. An era of smart disease diagnosis and management, virtual care, smart health management, smart monitoring, and smart decision-making is about to dawn in the healthcare industry.

Regional Segment Analysis of the Global Food Grade Butyric Acid Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia-Pacific is projected to hold the largest share of the global food grade butyric acid market over the forecast period.

The demand for functional foods and supplements containing butyric acid, which is known to have beneficial benefits on gut health, is fueled by the growing awareness of health and wellbeing, especially in nations like China and India. The region's growing animal feed industry, which is fueled by the growing demand for high-quality meat and dairy products, also encourages the use of butyric acid as an additive to improve animal nutrition. Additionally, the growing investments in food technology and production methods in Asia Pacific nations further spur market expansion, resulting in a favorable environment for the region's food grade butyric acid market.

North America region is also expected to fastest CAGR growth during the forecast period. The market for food-grade butyric acid as a natural preservative and flavor enhancer is being driven by consumers' growing preference for natural and clean-label components in food items. The region's growing processed food sector, which is fueled by convenience and hectic lives, makes butyric acid a more common food preservation ingredient.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global food grade butyric acid market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies:

• Mitsubishi Chemical Corporation,
• Hebei Chengxin,
• BASF SE,
• Guangzhou Tinci,
• Sasol,
• INEOS,
• Yifan Chemical,
• LyondellBasell Industries Holdings B.V,
• Tate Lyle
• Wuhan Hubei Fine Chemical,
• Alfa Aesar,
• Nantong Acetic Acid Chemical,
• Perstorp,
• Eastman Chemical,
• Exxat Corporation
• Kemin Industries
• Others

Key Market Developments:

• In December 2023, Kemin Industries launched the ButiShield, an encapsulated, low-odor calcium butyrate source that is safe for everyday use and offers a tailored release of butyric acid at more than 35%.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global food grade butyric acid market based on the below-mentioned segments: 

Global Food Grade Butyric Acid Market, By Type

• Synthetic Butyric Acid
• Renewable Butyric Acid

Global Food Grade Butyric Acid Market, By Purity

• Less than 99%
• 99%

Global Food Grade Butyric Acid Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa